152 Douglas Avenue
Douglas Ave, North Saint John, Saint John, NB, E2K 1E4
Quick Summary
Quick Summary
- Profitable 3-family investment property
- Attractive rental income of $45,600
- Tenants pay own utilities, reducing expenses
- Hardwood floors and good-sized units
- Charming property with water views
- Approximate net income of $32,724
- Equipped with 2 heat pumps and 3 water heaters
- Solid investment opportunity worth considering
Welcome to 152 Douglas Avenue! With Great numbers, this 3 family is quite enticing to those looking for an investment building. This property offers a 1 bedroom ($1,000/mth) 2 bedroom ($1,400/mth) and a 3 bedroom ($1,400/mth) Tenants pay their own heat & lights. With a total income of $45,600, this building has hardwood floors, good size... Show More
Welcome to 152 Douglas Avenue! With Great numbers, this 3 family is quite enticing to those looking for an investment building. This property offers a 1 bedroom ($1,000/mth) 2 bedroom ($1,400/mth) and a 3 bedroom ($1,400/mth) Tenants pay their own heat & lights. With a total income of $45,600, this building has hardwood floors, good size units, plenty of character and a nice water view of the Bay & Harbour Bridge. Approximate expenses are: Insurance - $1,200, water/sewer - $2,506, electricity - $1,830 and taxes $7,340. Approx. total expenses - $12,876 and approx.net income - $32,724. Rental equipment is 2 heat pumps and 3 water heaters. This is a solid investment building with great numbers and is well worth a look! (id:54626)
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